News Ghana Debt: Bank of Ghana clarifies losses after Reuters report
Ghana’s central bank has clarified its current financial position following a Reuters report saying the Ghanaian government “has written off” half of its debt to the central bank. The central bank ...
News Ghana Debt: Banks positioned to resist potential economic shocks, financial crisis – GAB
Mr. Ebenezer Ashley, Executive Head, Research, Media, Business Intelligence and Market Conduct of the Ghana Association of Banks (GAB), said ...
News Ghana Debt: Bank of Ghana Accused Of Illegally Writing Off Government Debt: Minority Slams BoG Over GH¢48.4Bn Loan
The Bank of Ghana has been accused by the Minority in Parliament of perpetuating illegality by writing off government debts on the blindside of Parliament.
News Ghana Debt: Will Ghana’s gas gamble perpetuate a cycle of fossil-fuel related debt?
West African country is enduring hard times – and critics say plan to import liquefied natural gas will only make things worse ...
News Ghana Debt: USD/GHS - US Dollar Ghanaian Cedi
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all ...
News Ghana Debt: Ghana says it has launched debt swap for pension funds
Ghana's government on Monday invited pension funds holding around 31 billion Ghanaian cedis ($2.8 billion) of domestic bonds to swap their holdings for new bonds. Ghana is restructuring its debt as a ...
News Ghana Debt: Ghana's sovereign dollar bonds rally before mid-year budget review
Ghana's sovereign dollar-denominated bonds rallied by as much as 1.8 cents on Monday, according to Tradeweb data, ahead of the government's medium-term budget review presentation to parliament and after Reuters reported that its debt to the central bank was halved.
News Ghana Debt: Ghana's 2022 budget deficit almost double target - minister
Ghana's budget deficit was at 11.8% of gross domestic product (GDP) on a commitment basis last year, almost double the target of 6.3%/GDP, Finance Minister Ken Ofori-Atta said on Monday during a ...
News Ghana Debt: Enterprise Singapore keen to boost trade ties with Ghana
West Africa, Jean Ng, has said her outfit remains resolute in its quest to strengthen ties between Singapore and Ghana. She said Enterprise SG is looking forward to matching Ghanaian start-ups with ...
News Ghana Debt: Ghana: 9 Cocoa Seed-Buying Companies Pay Gh¢101 Million to Cocobod - CEO
Nine cocoa seed-buying companies have paid a total of GH¢101 million out of GH¢137 million debt owed the Ghana Cocoa Board (COCOBOD).
News Ghana Debt: Power Crisis Looms Again: IPPs Contemplate Shutting Down Plants As Government Fails To Settle $2 Billion Debt
Independent Power Producers (IPPs) are once again contemplating shutting down the plants as the government fails to settle over $2 billion in debt to them.
News Ghana Debt: RPT-Ghana debt with central bank halved, interest rate cut - sources
Ghana's government has written off half of the 77.6 billion cedis ($7 billion) it owed to the central bank and replaced the remainder with a lower yielding, 15-year bond, three sources with direct knowledge of the transaction told Reuters. The latest move is part of the West African nation's push to restructure its domestic debt - a requirement to qualify for the next tranche of a $3 billion International Monetary Fund (IMF) rescue loan. Ghana now wants to focus on negotiations with external creditors.
News Ghana Debt: Ghana International Bank Facilitates EWRA Training For African Banks To Enhance Financial Crime Risk Management
Ghana International Bank Facilitates EWRA Training For African Banks To Enhance Financial Crime Risk Management ...
News Ghana Debt: Ghana: Standard Chartered Bank Posts Strong Financial Performance in 2022 ...Despite Impact of Ddep
Standard Chartered Bank Ghana PLC says the bank remains resilient and profitable despite the Domestic Debt Exchange Programme (DDED) and the tough challenging financial year in 2022.
News Ghana Debt: Ghana energy sector debt could exceed $8b in two years – Report
Ghana’s energy sector has been saddled with problems for years. Some of the problems are ripples of bad political and governance decisions, lack of leadership and corruption.
News Ghana Debt: Data Analytics Critical to Transforming Ghana’s Banking Industry – Stanbic Bank CE
Chief Executive of Stanbic Bank Ghana, Kwamina Asomaning, has emphasized the need for banks to adopt data analytics to transform the ...
News Ghana Debt: Ghana: GSE to Launch Commercial Paper Market
The Ghana Stock Exchange (GSE) will launch its Commercial Paper Market (CPM) product before the end of the third quarter of this year, Managing Director, Abena Amoah, has said.
News Ghana Debt: Ghanian CGU student in need of financial assistance
Shirley Ayangbah's plan had been to complete her final semester at CGU in the fall while continuing her part-time job at the Riverside County District Attorney’s Office. After graduation, she was on track to work full-time, which would have qualified her for a US work visa. But the economic uncertainty in her home country of Ghana has jeopardized all those plans. Courier photo/Peter Weinberger
